Big buy after UK elections

2019-12-13 21:54:13

Very similar to the ideas I have posted in almost every GBP PAIR. Forming perfect triangles, check this out:
https://www.tradingview.com/chart/GBPCAD/M2TamHAE-Short-the-pound-after-UK-elections/
https://www.tradingview.com/chart/GBPUSD/FTkRBYV6-Short-the-pound-after-UK-elections/
https://www.tradingview.com/chart/GBPJPY/Tj36sdbd-Huge-sell-after-elections/

In this case, I expect EURGBP to at least test multiyear highs in the first half of 2020.
Even tough we saw a huge rally yesterday after the polls were closed. I think there are several reasons to sell:
-Huge resistance level perfectly touched and rejected
-Formation of perfect triangle
-Very Oversold
-Hard brexit won't be easy to negotiate with EU neither good for UK economy

Possible suply zones in blue.